The market reaction is directly related to the news that
"The Financial Services Agency of Japan (FSA) warned the leading credit exchange Binance about the need to obtain a license to continue working in the country. This is reported by Nikkei."
We are waiting for official explanations from Binance, but if they delay the answer, we can see the dive even deeper.
But we remember how responsibly Binance applies to all applications in its address and are confident that they maximally all that depends on them for the normalization of the situation.
